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Based offshore in Seychelles, the broker is regulated by the local Financial Services Authority Seychelles (FSA Seychelles). However, Seychelles-based regulatory approvals tend to be easier to obtain compared to more rigorous authorities such as the FCA (UK) or ASIC (Australia). Traders should, therefore, approach this broker with careful consideration. Games and apps like PUBG, Subway surfers, Snapseed, Beauty Plus, etc. are available for Android and iOS platforms only. Lunar Capital – Level up your trade is on the top of the list of Finance category apps on Google Playstore.

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose. Léa is a member of the InvestX team, dedicated to guiding users through their learning journey. On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world.

However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. Lunar Capital’s comprehensive client support system is designed to provide traders with the assistance and information required for a successful trading experience. Lunar Capital, established in 2018, is a well-regarded online trading platform, regulated and authorized by the Seychelles Financial Services Authority. Lunar Capital boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility.

Spreads

Most deposit and withdrawal requests are processed by Lunar Capital within 24 hours. In most cases, payments to and from Lunar Capital accounts are free of charge, though third-party banking fees may apply. The only time the broker may charge a $55 handling fee is for withdrawals below $300.

  • Most of the apps available on Google play store or iOS Appstore are made exclusively for mobile platforms.
  • Because of its simplistic and straightforward design, I would say that MT4 is a good stepping stone for beginner traders wishing to learn essential charting skills on a platform with an easy learning curve.
  • MetaTrader 4 (MT4) is one of the world’s most popular forex and CFD trading platforms.
  • In conclusion, Lunar Capital ranks favorably among its peers, offering traders a reliable and safe environment to access a wide range of financial markets with confidence.
  • Consider opening a demo account with powerful broker Lunar Capital to test its MT4 platform and practice executing trades in a simulated trading environment using virtual money.

Trade with competitive spreads

With a flexible trading system, MT4 allows for algorithmic trading and mobile trading, making it one of the most powerful platforms in the market. The reasonableness of commission fees largely depends on the trading style and preferences of individual traders. For traders who prioritize tight spreads and prefer not to pay commissions, Lunar Capital’s model aligns with their needs.

If you have any issues with downloading the platform, please check our MT4 user guide for Windows. Our deposit bonuses provide some extra power when you are just starting out. Lunar Capital has a single subsidiary – Tradeco Limited – which is authorized in Seychelles by the local regulatory body.

This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action. However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure. Lunar Capital’s mobile app affords traders quick and easy access to the market on the go. The market is volatile and ever-changing, and staying on top of the latest developments is made easy with the mobile app version of MT4.

Conduct thorough research and read online reviews before depositing funds. While we cannot definitively label Lunar Capital as a scam, we highly recommend remaining vigilant when considering trading with this broker. After registering with Lunar Capital, traders receive login credentials for MetaTrader 4, enabling them to link their brokerage account directly to MT4 and start trading seamlessly. Interestingly, despite offering cryptocurrency trading, Lunar Capital does not actively promote this service. This oversight is somewhat puzzling and might negatively affect trader confidence in the platform.

Then pick a broker and a trading platform that will help you achieve your objectives. Trading platforms typically accommodate the trade of different financial instruments like forex, metals, indices, stocks, CFDs, etc. These trades are usually facilitated by some form of intermediary like CFD brokers, brokerage or financial firms, and banks.

  • Between 74% and 89% of retail investor accounts lose money when trading CFDs.
  • Credit/debit cards, e-wallets, and bank transfers are common choices among brokers.
  • With a flexible trading system, MT4 allows for algorithmic trading and mobile trading, making it one of the most powerful platforms in the market.
  • The platform is essential to both online forex traders and brokers around the globe.
  • Lunar Capital does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply.

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I quite appreciated that there is detailed personal info about market experts who lead the webinars. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

How to make the most of MetaTrader 4

Consider opening a demo account with powerful broker Lunar Capital to test https://lunarcapital.net/ its MT4 platform and practice executing trades in a simulated trading environment using virtual money. Access current market insights, innovative educational material, and 24/5 multilingual customer support. Gain knowledge about the world’s markets and trading concepts before moving to a live trading account.

In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Lunar Capital is still a relatively new broker, having been established just a couple of years ago. Hence, the company is still working on developing a strong brand name that is trusted internationally. It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection. However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place.

I did not find any specific feature in Lunar Capital’s offering to say that the broker is better suited for high-frequency or longer-term trading. Compared to the broader industry, Lunar Capital offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.

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